DKSH Ltd. also known as DiethelmKellerSiberHegner is a Swiss Market Expansion Services Group. Although its headquarters is in Zurich, DKSH is deeply rooted in communities all across Asia Pacific.[1]
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| Company type | Public |
|---|---|
| SIX: DS5 | |
| Industry | Market Expansion Services |
| Founded | 2002 |
| Headquarters | Zurich, Switzerland |
Key people | Jörg Wolle (CEO) Adrian Keller (Chairman) |
| CHF 7.34 billion (2011) | |
Number of employees | 24,000 (2011) |
| Website | www.dksh.com |
The company offers any combination of sourcing, marketing, sales, distribution and after-sales-services and is organized into four Business Units: Consumer Goods, Healthcare, Performance Materials, and Technology. Its core business is supporting other companies to grow their business in new or existing markets.[2]
With 650 business locations in 35 countries - 630 of them in Asia - and 24,000 specialized staff, it is one of the top 20 Swiss companies ranked by sales and employees. In 2011, DKSH generated annual net sales of CHF 7.3 billion.[3][4]
Organizational background
The company has its origin in the activities of three Swiss entrepreneurs who sailed in the 1860s east to Asia. Independently and within a few years of each other, Wilhelm Heinrich Diethelm set off for Singapore, Eduard Anton Keller for the Philippines, and Hermann Siber for Yokohama.
As the oldest of the original companies, Siber & Brennwald was founded in 1865. Eduard Anton Keller joined in 1868 C. Lutz & Co., which was founded 1866 in Manila, and renamed this enterprise into Ed. A. Keller & Co. after the acquisition in the year 1887. In a similar manner, Wilhelm Heinrich Diethelm joined in 1871 Hooglandt & Co., Singapore, established in 1860, acquired the company in 1887 and founded Diethelm & Co. Ltd. in Singapore.[5]
The three companies expanded their business primarily in Asia. Although the European market played a subsidiary role each headquarter was situated in Switzerland what illustrates the intensive contact to the home country.
Established in 1906 on the banks of Chao Phraya River, today the company is one of Thailand's leading business organizations, with annual sales of THB 98 billion in 2008.[6] DKSH had over 10,000 employees and a comprehensive network of 203 branches all across Thailand in 2010.[6]
In 1931 Diethelm & Co., Ltd. was granted permission by Royal Warrant to display the royal Garuda emblem, the official seal of the Royal Household of Thailand.[6]
Even though the two families Diethelm and Keller always had a close-knit business and private relationship the two companies merged not until summer 2000 into Diethelm Keller Holding. Two years later, in 2002, Sibner Hegner joined as well and this resulted in the establishing DKSH.[6][7] DKSH went public in March 2012 on the SIX Swiss Exchange. [8]
References
- ^ Nisha Ramchandani (March 27, 2010). "DKSH relocates global finance centre to S'pore". The Business Times. Singapore. Retrieved January 13, 2011.
- ^ "DKSH Holding Ltd". InfoGrok Transport. 2010. Retrieved January 13, 2011.
- ^ "DKSH Announces 2011 Results". world.einnews.com. 2011-02-16. Retrieved February 20, 2012.
- ^ "DKSH to launch on Swiss stock exchange". news.ph.msn.com. 2012. Retrieved February 20, 2012.
- ^ "Diethelm". Singapedia. 2011. Retrieved January 13, 2011.
- ^ a b c d "DKSH in Thailand". History. DKSH Thailand. 2010. Retrieved January 13, 2011.
- ^ "Zurich: CEO Luncheon with Joerg Wolle, DKSH". The Swiss Association of MBAs. December 2, 2010. Retrieved January 13, 2011.
- ^ "DKSH gains on first day of Zurich trading". Financial Times. March 20, 2012. Retrieved April 10, 2012.